Glossary
Glossary
Glossary
Gross Profit Margin
Gross Profit Margin
Definition
The percentage of revenue that exceeds the cost of goods sold. It is calculated by dividing gross profit by total revenue, then multiplying by 100. A higher margin indicates better financial health and efficiency in managing production costs.
The percentage of revenue that exceeds the cost of goods sold. It is calculated by dividing gross profit by total revenue, then multiplying by 100. A higher margin indicates better financial health and efficiency in managing production costs.
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